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Square Invoices vs. TIS (Treasury Intelligence Solutions)

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Square Invoices

    Score9.2 out of 10
    N/ASquare Invoices is a software invoicing solution from Square headquartered in San Francisco, California.N/A

    TIS (Treasury Intelligence Solutions)

    Score8.5 out of 10
    Enterprise companies (1,001+ employees)
    TIS helps CFOs, Treasurers, and Finance teams transform their global cash flow, liquidity, and payment functions. Since 2010, the cloud platform and service model have supported the office of the CFO to collaborate and attain efficiency, automation, and control. By streamlining connectivity between TIS' customers’ back-office systems and their worldwide banks, vendors, and business partners, TIS aims to enable…N/A
    Pricing
    Square InvoicesTIS (Treasury Intelligence Solutions)
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Square InvoicesTIS (Treasury Intelligence Solutions)
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details—TIS helps clients eliminate redundant or unnecessary features and systems, and helps reduce banking and transaction fees for account rationalization projects. TIS manages all onboarding, maintenance, and service requests to eliminate clients' other consulting, IT, and other technology-related costs. In addition, TIS provides rebates and rewards programs in certain areas of our solution to help clients optimize payments activity conducted through various localities and supplier networks.
    More Pricing Information
    Community Pulse
    Square InvoicesTIS (Treasury Intelligence Solutions)
    Considered Both Products
    Block, Inc (Square)
    No answer on this topic
    TIS Treasury Intelligence Solutions
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    100%
    Would buy again
    12 Answers
    Delivers good value for the price
    No answers on this topic
    100%
    Delivers good value for the price
    12 Answers
    Happy with the feature set
    No answers on this topic
    92%
    Happy with the feature set
    11 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    100%
    Lived up to sales and marketing promises
    8 Answers
    Implementation went as expected
    No answers on this topic
    90%
    Implementation went as expected
    9 Answers
    Features
    Square InvoicesTIS (Treasury Intelligence Solutions)
    Treasury Management
    Comparison of Treasury Management features of Square Invoices and TIS (Treasury Intelligence Solutions)
    Feature
    Square Invoices
    -
    Ratings
    TIS (Treasury Intelligence Solutions)
    5.5
    6 Ratings
    32% below category average
    Cash and Liquidity Management00 Ratings8.25 Ratings
    Financial Fraud Prevention00 Ratings1.95 Ratings
    Treasury Management Payments00 Ratings9.16 Ratings
    Bank Account Management00 Ratings8.26 Ratings
    Treasury Risk Management00 Ratings2.72 Ratings
    Treasury Reporting00 Ratings4.65 Ratings
    Liquidity Forecasting00 Ratings4.52 Ratings
    Market Data00 Ratings4.52 Ratings
    Best Alternatives
    Square InvoicesTIS (Treasury Intelligence Solutions)
    Small Businesses
    Zoho Invoice
    Score9.5 out of 10
    No answers on this topic
    Medium-sized Companies
    No answers on this topic
    No answers on this topic
    Enterprises
    No answers on this topic
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Square InvoicesTIS (Treasury Intelligence Solutions)
    Likelihood to Recommend
    9.1
    (7 ratings)
    8.2
    (15 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    8.2
    (5 ratings)
    Usability
    -
    (0 ratings)
    8.6
    (4 ratings)
    Availability
    -
    (0 ratings)
    9.1
    (1 ratings)
    Performance
    -
    (0 ratings)
    9.1
    (1 ratings)
    Support Rating
    9.7
    (2 ratings)
    8.9
    (4 ratings)
    Online Training
    -
    (0 ratings)
    9.1
    (1 ratings)
    Implementation Rating
    -
    (0 ratings)
    8.1
    (3 ratings)
    Configurability
    -
    (0 ratings)
    8.2
    (1 ratings)
    Ease of integration
    -
    (0 ratings)
    7.1
    (10 ratings)
    Product Scalability
    -
    (0 ratings)
    9.1
    (1 ratings)
    Vendor post-sale
    -
    (0 ratings)
    9.1
    (1 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    9.1
    (1 ratings)
    User Testimonials
    Square InvoicesTIS (Treasury Intelligence Solutions)
    Likelihood to Recommend
    Block, Inc (Square)
    Square Invoices is the best service that I have found for what it does: it's easy to use, nice to look at, and never seems to go to spam or be lost by clients. Clients mention that the setup is easier than services my competitors use. You can even attach your contract to the invoice, which is wonderful in case there are questions later on. Unfortunately, not being able to have clients alter quantities or select add-ons means for half of my services, I have to use a different, inferior service.
    Incentivized
    Read full review
    TIS Treasury Intelligence Solutions
    TIS [Treasury Intelligence Solutions] is well suited for a company with multiple banking relationships in multiple countries. This can allow a treasury function to have better visibility and control over its daily cash management operations. It has very good report writing capabilities and dashboard functionality to customize a report for the end user.
    Incentivized
    Read full review
    Pros
    Block, Inc (Square)
    • Adding a customer to invoice is super simple and takes minimal effort.
    • Payment collection is easy and seamless because Square Invoices allows the recipient to pay using credit/cards.
    • One of the fest features is allowing invoices to be recurring. If my contract stipulates a flat fee monthly, I can set the invoices to recur monthly for the duration of the contract.
    Incentivized
    Read full review
    TIS Treasury Intelligence Solutions
    • BTM MONITOR & Payment Monitor: we have a good view of the companies' bank statements & payments current status. Error tracking and issue logs can be found easily. In case of an error the error message describes it well so that we can act alone and solve the issues in most cases without further help. Speed is particularly important at month-end closes, you cannot be without a solution.
    • Payment files PAIN mapping. The Know-How of TIS and its expertise to PAIN file integration and possible options. We have not seen a case where our TIS Project Manager did not know the answer to an issue. Often it comes instantly. Sometimes they would of course investigate, but the root cause review of a technical issue is key to success here. These guys really know what they are doing.
    • Support Team of TIS. They have a very fast response time. I would point it out as being the key strength of the TIS package. You will never have critical items not addressed in due time. The speed and quality of their responses to issues is how it should be. From a financial operational point of view: It's important to ensure business continuity, which they do.
    Incentivized
    Read full review
    Cons
    Block, Inc (Square)
    • The reports section is not always the easiest to understand. It seems like I have to stop and think about options instead of it being 100% intuitive.
    • With the fees we pay per transaction, it would be nice to be able to add additional "limited" users for no extra cost.
    Incentivized
    Read full review
    TIS Treasury Intelligence Solutions
    • Improved VaR risk module to apply to cash balances exposure
    • Currency risk controls - volatility forecast
    • Trading platforms connectivity - hedging capabilities for SWAPtions
    • Probable ripple integration to make settlemets faster versus t+2
    • Compliance: not only track sanctions, payment details but get Credit Score of counterparty
    • Chinease counterparties details (state banks do not share) - fraud risk depreciation
    • Loans offering page
    • Direct banks chats - push to send message to operator
    Read full review
    Likelihood to Renew
    Block, Inc (Square)
    No answers on this topic
    TIS Treasury Intelligence Solutions
    Depends on stage of the project if it will be postponed in 2023. Se la vie. Will be happy to go on.
    Read full review
    Usability
    Block, Inc (Square)
    No answers on this topic
    TIS Treasury Intelligence Solutions
    The main feature of usability is the outcome you get upon actions done. TIS is not complecated solution - it is rational and has most needed capabilites for cash management via multiple accounts in different jurisdictions. It works well for this task and evolutioning to the field of risk management to get all treasury job done well.
    Read full review
    Support Rating
    Block, Inc (Square)
    The only time I had a problem was a false chargeback from a client. Square Invoices referenced our contract and ruled in my favor, and they did so in a timely manner. I sent them the contract and my email history with the client, and they quickly unfroze the amount of money.
    Incentivized
    Read full review
    TIS Treasury Intelligence Solutions
    Offered support information in the portal (knowledge base articles) as well members of the support provides a very good service level.
    Incentivized
    Read full review
    Online Training
    Block, Inc (Square)
    No answers on this topic
    TIS Treasury Intelligence Solutions
    The training addressed our needs.
    Incentivized
    Read full review
    Implementation Rating
    Block, Inc (Square)
    No answers on this topic
    TIS Treasury Intelligence Solutions
    The cloud connection meant less work for IT. The setup of the first 1000 accounts was very quick, so we went live after only 4 months.
    Read full review
    Alternatives Considered
    Block, Inc (Square)
    Square Invoices is easier to use and automatically transfers your money to your bank account vs Paypal that holds your money and you have to manually transfer and it takes 3-5 days (many times more). Square Invoices looks better overall, and for the same fees as Paypal, provides a better service overall.
    Incentivized
    Read full review
    TIS Treasury Intelligence Solutions
    We have used bank applications and another large TMS provider based in the US. Our prior TMS was a full-scale system which was very robust and extremely complex. We were not using 3/4 of the functionality and we decided it made more sense to select a simpler system that met our core requirements which are connectivity and transaction & information support. TIS does this very well at a lower price point. In the end, TIS better suited our needs and was much simpler and more affordable.
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    Return on Investment
    Block, Inc (Square)
    • I love that I can sort my invoices in total, or by a specific time period to see how my sales are doing and comparing to prior time periods.
    Incentivized
    Read full review
    TIS Treasury Intelligence Solutions
    In terms of risk mitigation of course we can reduce the number of people having access to banking if not needed. With dedicated teams and less people with access to individual Bank portals. Before access to bank portals were necessary for all sorts of manual payments and exceptions if we really implement the 100% of functions and dont leave exceptions that risk mitigation can be achieved and efficiency at automated payment runs.
    • At a large corporation with more than 60 entities and 400+ bank accounts, the savings and improvements are massive considering how time-consuming the manual work would be. I don't have any numbers to quote, unfortunately.
    • We are now massively expanding our TIS with the full integration of automated payment runs. This has larger operational impacts, like the possible consolidation of banking and dedicated payment teams.
    Incentivized
    Read full review
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